North Korea puts on show of missile might as Kim Jong-un snubs US
North Korea put on one of its largest displays of missiles at an event at which dictator Kim Jong Un said Pyongyang couldn’t trust r...
Joe Bae to co-lead KKR as 2nd Korean-descendent CEO of a PE giant
Joseph Bae, co-president of KKR & Co., was named as its co-chief executive officer this week, becoming the second Korean descendent CEO to lead ...
Korea private debt growth at record high of $98 bn in Q2
South Korea’s private sector debt jumped near $100 billion in the April-June period, a record high of quarterly growth, amid an overheating pr...
Korea Post's savings arm earns 8.45% return in H1
Korea Post's savings arm earned an 8.45% return on investments in the first half of this year, broadly in line with the average rate of return repor...
Samsung, SK Hynix to pay corporate taxes to foreign countries
South Korea’s chipmaking giants Samsung Electronics Co. and SK Hynix are set to pay hundreds of millions of dollars in corporate taxes to fore...
Travel bubble triples Koreans’ trips to Saipan
A travel bubble between South Korea and Saipan more than tripled visits of residents in the Asian country to the main island in the Northern Mariana...
S.Korea’s first homegrown space rocket Nuri set for October launch
South Korea will be the seventh country in the world to launch a space rocket with homegrown technologies. The long-awaited Nuri, or Korea Space Launc...
S.Korea sees tenfold rise in hydrogen fuel use by 2030
South Korea will sharply increase the adoption of hydrogen as a fuel of transportation, industrial plants and power generators to become the world's...
Korea to require power plants to use more renewable energy resources
South Korea plans to require domestic power companies to consume more renewable energy resources for electricity production. The move is a part of t...
Digital transformation, a matter of life and death: Autodesk CEO
SILICON VALLEY – One of the things that have drastically changed the business environment in the pandemic era is the prevalence of companies t...
S.Korea's top golf course operator aims for 2022 IPO
South Korea's Golfzon County Co. has begun the process to apply for an initial public offering next year, which analysts said would value the countr...
S.Korea shows rare unease against US request for Samsung data
The South Korean government has expressed open concern about the recent request by the US Department of Commerce for more information on the global ...
Korea benchmark bond yield near 2-1/2-year high
South Korea’s benchmark bond yield hit the highest level in about two and a half years as expectations of tighter monetary policies at home an...
China, Japan, Korea race for wafer capacity expansion
China, Japan and South Korea are racing for expanding wafer production as surging chip demand and increase in semiconductor makers’ capacity t...
Food triggers next phase of global K-culture craze
The ongoing global fever over South Korean music and entertainment content is driving the rapid growth of the country’s packaged food manufact...
Korea's first-generation platforms collapse, ringing in new e-commerce era
South Korea's first-generation e-commerce platforms, which have been around since the 1990s, are rushing to sell off their businesses as their valua...
Korea Inc emerges as big buyer in global M&A market
South Korean companies are emerging as big buyers in the global mergers and acquisitions (M&A) markets. They are actively looking for future gro...
Private equity exits tipped to lead S.Korea's Q4 M&A market
South Korea's M&A market, which has enjoyed record levels of activity so far this year, is expected to remain buoyant for the remainder of the y...
Morgan Stanley remains top advisor for S.Korea Q3 M&As
Morgan Stanley remained the top M&A advisor in South Korea in the third quarter of this year, according to data compiled by market tracker FnGui...
Kakao Mobility: Unravelling Korea’s astounding growth in mobility sector
It wouldn’t be an exaggeration to say that South Korea’s mobility sector has undergone a period of rebirth in 2015 when the country&rsqu...
China power crisis, US tightening chill sentiment on Korea IT sector
Sentiment on the South Korean IT sector has deteriorated on rising US interest rates and a severe shortage of electricity in China. The 10-year US T...
Korea’s NFTBank to launch NFT funds this year
The global market of non-fungible tokens (NFTs), blockchain-based tokens, which each represent a unique asset such as a piece of art, digital conten...
Korea needs to expand investment in ASEAN, import good products more
The Association of Southeast Asian Nations (ASEAN) is South Korea’s largest source of trade surplus. The Northeast Asian country generated $34...
POSCO hires ex-US envoy on N.Korea Stephen Biegun as adviser
South Korean steel giant POSCO has hired Stephen Biegun, former US deputy secretary of state, as its adviser for its American business.POSCO America...
Capstone Partners: Korea's 'guardian angel' for early-stage startups
In 2018, a South Korean food startup GoPizza Co. was on the brink of shutting down. Lim Jae-won, GoPizza's founder, had launched the business with a...
Korea stocks, won tumble as foreigners dump $1 bn in equity futures
South Korean stocks and the won currency lost ground with the main Kospi ending below the 3,100 mark for the first time in five weeks as foreign inv...
Time to invest in luxury hotels in Korea: JLL executive
The COVID-19 pandemic has been particularly hard on the hotel industry, exposing it as one of the most vulnerable to the crisis amid the global lock...
BTS heads to LA for first live concert since COVID-19
BTS will travel to Los Angeles in November for its first live concert since the outbreak of the COVID-19 pandemic. BTS said on Sept. 28 on its offic...
StockX enters Korea's resale market, poses threat to domestic platforms
The rapid growth of the resale scene in South Korea has driven the world’s No. 1 resale platform, StockX, to venture into the country, signali...
Korea property startup Kasa to launch exchange in Singapore
Kasa Korea Co., a property investment platform, is set to expand its services to help global users invest in real estate in the world by obtaining l...
